Sanofi to close northeast England plant
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| Chris Viehbacher, CEO of Sanofi, poses during a news conference to present Sanofi 2011 annual results in Paris |
PARIS (Reuters) - French drugmaker Sanofi said on Thursday it plans to close a plant in northern England as it contends with European health spending cuts and growing competition from generic drugs. The Fawdon plant near Newcastle, which makes drugs including top-selling blood-thinner Plavix for the British and European markets, is expected to close by 2015 with a loss of around 450 jobs, a company spokesman said. Sanofi is reorganising some of its research and development and manufacturing operations as it prepares for the arrival of generic rivals to Plavix in May. ... read more..
source:http://yhoo.it/weYQt8
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